Venture Global (VG) Research & Development (2024 - 2026)

Venture Global's (VG) quarterly Research & Development came in at $46.0 million in Q1 2026, down 74.73% year-on-year from $182.0 million in Q1 2025, and down 11.54% sequentially from $52.0 million in Q4 2025.

Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends

Venture Global's Research & Development history runs 3 years deep, the most recent figure standing at $46.0 million for Q1 2026.

  • In Q1 2026, Research & Development fell 74.73% year-over-year to $46.0 million; the TTM figure through Mar 2026 stood at $208.0 million (down 67.3% YoY), while the FY2025 annual figure was $344.0 million, down 45.83% from the prior year.
  • Research & Development came in at $46.0 million for Q1 2026 at Venture Global, down from $52.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $182.0 million in Q1 2025 and troughed at $46.0 million in Q1 2026.
  • The 3-year median for Research & Development is $124.0 million (2024), against an average of $113.9 million.
  • The widest annual swing landed in 2025, when Research & Development increased 0.55%; it then sank 74.73% in 2026.
  • A 3-year view of Research & Development shows it stood at $124.0 million in 2024, then slumped by 58.06% to $52.0 million in 2025, then fell by 11.54% to $46.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn -
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn -
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn -
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn -
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 46.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 46.00 Mn
Dec 31, 2025 52.00 Mn
Sep 30, 2025 53.00 Mn
Jun 30, 2025 57.00 Mn
Mar 31, 2025 182.00 Mn
Dec 31, 2024 124.00 Mn
Sep 30, 2024 156.00 Mn
Jun 30, 2024 174.00 Mn
Mar 31, 2024 181.00 Mn